The current economic crisis has exposed the decay in Australia’s manufacturing capability and highlighted the need for increased investment in innovation.
There are a number of definitive ways Australia can improve innovation and onshore manufacturing while leveraging offshore capability and reducing supply chain risks.
Construction of the new School of Mechanical and Manufacturing Engineering precinct at UNSW is underway following a substantial philanthropic donation from businessman Len Ainsworth.
Changes to fundamentals in the US economy are important and positive, not in the least the shale gas revolutuon that is making America a re-emergent manufacturing power, says Geoffrey Garrett.